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Sticky Inflation? 3 Stocks to Own If Inflation Stays High

Sticky Inflation? 3 Stocks to Own If Inflation Stays High

Massive fiscal spending during the pandemic, supply chain issues, rising rents, and food prices have contributed to stubbornly high inflation. According to the consumer price index, a measure of consumer prices, year-over-year inflation has been above 5% since June 2021. According to St. Louis Federal Reserve President James Bullard, told CNBC in late August that inflation could "be more persistent than many on Wall Street expect."